What is Solid ECN?
Solid ECN is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2021. It offers leverage up to 1:1, spreads from 0.0 pips and a minimum deposit of $1. Clients trade on MetaTrader5 for Windows, Mac, iOS, and Android, and Solid ECN WebTrader and on mobile.
Solid ECN is an online trading broker that trades on forex, Commodities, and Cryptocurrencies. This broker is based on the MetaTrader5 platform. This has software for Windows, MAC, iOS, Android, and Linux. Despite having software for five big platforms, this is also available as a webtrader. Besides all of these, this broker provides forex signals.
Solid ECN has four types of accounts for their clients. Each of these accounts comes with different features. All the features of four different accounts are discussed below-
- Micro Account:- This account requires a minimum of $1 deposit to get activated. The spread in this account starts from 2.0 pips. The maximum leverage in this account is 1:1000.
- Standard Account:- This account requires a minimum of $10 of funding. The spread in this account is 0.3 pips. The maximum leverage in this account is also 1:1000.
- Holy Account:- This account also requires a minimum of $10 deposit. The spread in this account is 1.0 pips. Just like the previous accounts, it also has the maximum leverage. This account is actually an Islamic account and this allows swap-free accounts.
- ECN Account:- This account is for professionals. It needs only a $10 minimum deposit to start. This is a zero-spread account as the spread of this account starts from 0.0 pips.
This broker doesn’t charge deposit fees for their promotional campaign. It also has a very important tool named Negative balance protection. This helps a trader a lot. Trading 24 hours 7 days a week is nearly impossible. This is why the negative balance protection feature saves a lot of money of the traders.
Is Solid ECN safe and regulated?
Solid ECN is regulated by Solid ECN has no regulatory. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
Solid ECN account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $1 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
Solid ECN provides MetaTrader5 for Windows, Mac, iOS, and Android, and Solid ECN WebTrader, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:1 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
Solid ECN supports 10 funding methods, including PerfectMoney, Tether, Bitcoin, Bitcoin Cash, Dai, Dogecoin and more. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
Solid ECN bonus: <p>This broker is providing a 40% welcome deposit bonus</p>
How the promotion works
The current Solid ECN promotion is <p>This broker is providing a 40% welcome deposit bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the Solid ECN website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
Solid ECN pros and cons
Pros
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 10 deposit methods including crypto
- Low minimum deposit of $1
Cons
- Only offshore regulation
- No investor compensation scheme
How to open a Solid ECN account
- RegisterVisit the Solid ECN website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $1 with PerfectMoney, Tether, Bitcoin or another method.
- Start tradingLog in to MetaTrader5 for Windows, Mac, iOS, and Android, and Solid ECN WebTrader or the mobile app and set your risk per trade.
Is Solid ECN a good broker? Our verdict
Solid ECN suits active traders who want raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.